NextEra Energy, headquartered in Florida, United States, was the largest electric utility company worldwide in 2024, with a market value of 156 billion U.S. dollars. Ranking second, Japan's Tokyo Electron had a market value of 107.5 billion U.S. dollars.
Global market
Utilities sell electricity through a regulated market by operating generation, transmission and distribution facilities. In most countries, utilities provide electricity and are essential for many industrial and commercial enterprises, as well as households and other facilities such as recreational facilities. As the integration of renewable energy sources and investments in smart grid technologies are projected to raise a challenge, the basic utility’s business model is expected to undergo a major change.
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Forbes. (June 6, 2024). Market value of largest electric utility companies worldwide as of June 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/263424/the-largest-energy-utility-companies-worldwide-based-on-market-value/
Forbes. "Market value of largest electric utility companies worldwide as of June 2024 (in billion U.S. dollars)." Chart. June 6, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/263424/the-largest-energy-utility-companies-worldwide-based-on-market-value/
Forbes. (2024). Market value of largest electric utility companies worldwide as of June 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/263424/the-largest-energy-utility-companies-worldwide-based-on-market-value/
Forbes. "Market Value of Largest Electric Utility Companies Worldwide as of June 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Jun 2024, https://www.statista.com/statistics/263424/the-largest-energy-utility-companies-worldwide-based-on-market-value/
Forbes, Market value of largest electric utility companies worldwide as of June 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/263424/the-largest-energy-utility-companies-worldwide-based-on-market-value/ (last visited September 01, 2024)
Market value of largest electric utility companies worldwide as of June 2024 (in billion U.S. dollars) [Graph], Forbes, June 6, 2024. [Online]. Available: https://www.statista.com/statistics/263424/the-largest-energy-utility-companies-worldwide-based-on-market-value/